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More Recent News: 0 1

Carbon costs to apply to 100 Australian generators and 200 - 300 large manufacturing facilities: policy question: should small pollutors be exempt?

Should the the remaining 10 per cent be made exempt by lowering the emissions threshold?, asked the Carbon Pollution Reduction Scheme Green Paper.

(Full Article)


100 coal mines, 50 gas producers and distributors covered in carbon plan for firms with fugitive emissions more than 25 kt CO2-e/year

Australian Fugitive emissions would be covered from scheme commencement by applying scheme obligations to facilities with direct emissions of 25,000 tonnes of carbon dioxide equivalent a year or more, proposed the 16 July 2008, Carbon Pollution Reduction Scheme Green Paper.

(Full Article)


Amazing policy magic: How to earn earn 100 per cent credit for a 60 per cent CO2 reduction; and gain that credit in a secret process

The Australian Green Paper policy plan offered some peculiar economics. Its hard-to-understand plan on CO2 dumps appeared to increase pollution and hide data. The plan was to make big Australian pollutors exempt from emissions trading in order to protect their "reputation". The graph above shows Australian fossil fuel trends.

(Full Article)


Oil price in May 2008 higher than European Commission, projections for 2050: forecasts were oil price of $94/bbl in 2050, a gas price of $15/GJ and an international coal price of $95/t

The oil price in May 2008 was already higher than the quoted oil price projections for 2050. Cost benefits for the the Greenpeace Energy [R]evolution policy scenario plan scenario will therefore be even higher. fossil fuel price projections, argued its authors.

(Full Article)


No world market price for natural gas; but assumed to increase to $9-$10/GJ by 2050.

As the supply of natural gas was limited by the availability of pipeline infrastructure, there was no world market price for natural gas, though a global spot market for liquefied natural gas (LNG) was beginning to emerge.

(Full Article)


Public data about oil and gas reserves strikingly inconsistent, unreliable for legal, commercial, historical and sometimes political reasons

The most widely available and quoted figures, those from the industry journals Oil & Gas Journal and World Oil, had limited value as they report the reserve figures provided by companies and governments without analysis or verification.

(Full Article)


Most gas reserves initially understated, gradually revised upwards, giving an optimistic impression of growth

Information about gas resources suffers from the same bad practices as oil data because gas mostly comes from the same geological formations, and the same stakeholders are involved.

(Full Article)


21 July 2008: new Australian Emission Trading Units rise to $20.00 in 10K lots

Australian Emission Trading Units (AETUs or AEUs) traded twice last Friday, initially at $19.75 then $20.00 both in lots of 10K.

(Full Article)


Green paper plan: How Australian LNG CNG and gas producers will pay carbon costs: regasified LNG paid by user: export LNG by producer

The Australian Carbon Pollution Reduction Scheme Green Paper said Emissions in Australia from combustion of LNG could be covered by applying scheme obligations upstream for export and downstream for domestic regasification of LNG.

(Full Article)


Australian Green Paper plan for gas: above 25,000 tonnes of carbon dioxide equivalent a year charged upstream, and retailers and gas producers pay for smaller volumes

The Carbon Pollution Reduction Scheme Green Paper said small users account for almost 40 per cent of the emissions from combustion of natural gas. The natural gas supply network was significantly different from the liquid fuels supply network. The Governments preferred position was 'To ensure comprehensive emissions coverage, scheme obligations could be applied to gas producers for gas supplied directly to end users whose gas emissions were below 25 kt CO2-e/year (rather than gas retailers).". 

(Full Article)




More Recent News: 0 1